02110nam a22003977u 4500 pwiiw3904 OSt 20260516120107.0 160514t2016 au ||||| |||| 00| ||eng d OSt eng L92 N13 N14 N73 N74 N93 N94 O18 O47 R11 R41 jelc Holzner, Mario Introducing Railway Time in the Balkans: Economic effects of railway construction in Southeast Europe and beyond since the early 19th century until present days Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2016. wiiw Balkan Observatory Working Papers 121 Abstract In this paper we analyse the economic effects of railway infrastructure at the national level for European countries as well as at the local level for Southeast European cities based on a novel railway database capturing decades of the 19th century up to the early 21th century. A panel fixed effects regression analysis at the country level indicates a positive economic impact emanating from railway infrastructure, whereby the effect appears to be even stronger for less developed Southeast European countries. In addition, a linear spatially augmented multilevel model at the city level sheds light on the positive effects resulting from railway infrastructure on urban development. Its positive spillover effects occur within countries as well as across borders. Railway infrastructure Balkans Southeast Europe backwardness urban development economic development railway accessibility infrastructural spillovers multilevel model historical analysis Macroeconomic Analysis and Policy Jestl, Stefan Alvarez, Eduard Marti-Henneberg, Jordi 121 WIIW0000140 wiiw Balkan Observatory Working Papers https://wiiw.ac.at/p-3904.html P z 8765 8765 0 0 0 0 BIB BIB 1 2016-05-14 pwiiw3904 0 121 1000010003904 2016-05-14 00:00:00 2019-02-05 P